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IRS plans to more than double its audit rate of wealthy taxpayers
FOX Business· 9 hours agoThe IRS is planning to ramp up audit rates of wealthy Americans and large corporations as part of...
IRS to increase audits for 2 specific groups and reduce for others
The Cleveland Plain Dealer· 9 hours agoThe Internal Revenue Service (IRS) plans to ratchet up its audits for wealthier Americans and major...
IRS acts to address wide disparity in audit rates between Black taxpayers, other filers - Maryland...
The Daily Record· 14 hours agoThe IRS said Thursday that it has taken steps to address a wide disparity in audit rates between...
IRS lays out modernization priorities, sounds alarm on funding shortfall
FedScoop· 9 hours agoThe IRS believes it will soon be forced to scale back its business system modernization efforts,...
Certificates of Discharge from IRS Liens | JD Supra
JD Supra· 22 hours agoThe IRS requires these taxpayers to apply for a “certificate of discharge,” discussed further below. The IRS will review the submission and make a determination ...
IRS PLR: Extension of Time to Assess Branch Profits Tax Granted (IRC §884)
Bloomberg Law· 12 hours agoThe IRS has published a private letter ruling on Section 884 granting the taxpayer, a foreign corporation organized in Country A and owned by an individual, a Country B citizen ...
IRS Unveils Plan to Crack Down on Wealthy Taxpayers
The Fiscal Times· 18 hours agoThe IRS wants to increase its audit rate for taxpayers earning more than $10 million by about 50%, according to an updated operating plan released...
IRS plans to increase audit rates of wealthy taxpayers by 50%
CNN via AOL· 1 day agoThe Internal Revenue Service detailed its plans Thursday to significantly ramp up audit rates of...
IRS says layoffs possibly by 2026 without sustained funding boost
Government Executive· 1 day agoThe cutbacks could come in the form of separation incentives, followed by furloughs and, as a last...
Court Unanimously Overturns Farhy, Finding IRS Has Authority To Assess Penalties
Forbes· 24 hours agoThe D.C. Circuit Court issued a ruling today that the IRS does have the authority to assess foreign information return penalties. The ruling was unanimous, 3-0, with Circuit ...